JLL: High Rental Yields Attract Investment Funds to Romania
12.15.2020
The residential sector remains one of the most attractive investments on the Romanian real estate market, with yields above other countries in the region, attracting local and institutional investors who buy thousands of apartments with minimum yields of 6.5%-7%, a report by JLL showed Tuesday.
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Impact Delivers Second 268 Apartment-Development Phase Of Luxuria Residence Project 12.14.2020
Impact Developer & Contractor (IMP.RO), a real estate developer held by businessman Gheorghe Iaciu, is delivering the second development phase of... more
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One United Properties To Manage Rahmaninov Residence Luxury Complex In Bucharest 12.14.2020
One United Properties, a real estate developer controlled by Victor Capitanu and Andrei Diaconescu, said it took over the management for luxury... more
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Romania Registers 60,183 Real Estate Deals in November 12.14.2020
The number of real estate deals in Romania stood at 60,183 in November 2020, 23,492 fewer than in October, data from the national cadaster agency... more
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Skanska Sells Two Bucharest Office Buildings to S Immo for EUR97M 12.14.2020
Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo, which owns the... more
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Impact Seeks to Raise RON10.5M from Private Placement for Star Residence Invest 12.11.2020
Impact Developer & Contractor (IMP.RO) starts a private placement offer for 48 million shares of Star Residence Invest, the first Real Estate... more
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Hagag Development Europe Starts Construction Of H Eliade 9 Residence Project In Bucharest 12.10.2020
Real estate developer HAGAG Development Europe, part of Hagag Group of Israel, on Thursday said it started construction works on its H Eliade 9... more
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JLL: At Least 170,000 Sqm Of Office Space To Be Delivered In Large Cities Outside Bucharest By End-2022 12.10.2020
Real estate investors and office building tenants have kept in 2020 the trend of gradually expanding outside of capital city Bucharest too, with... more
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Impact Developer&Contractor Entirely Sells First Three Phases Of Greenfield Baneasa Residential Compound 12.10.2020
Real estate developer Impact Developer & Contractor (IMP.RO) said it had sold almost entirely the stock of apartments built within the first three... more
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Impact Bucuresti Executive Board Approves Document For Presentation Of Corporate Bond Issue 12.10.2020
The Board of Directors of real estate developer Impact Developer&Contractor (IMP.RO) has approved the document for the presentation of the issue of... more
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BRK Financial Group To Act as Issuer Market Maker to Boost Impact's Liquidity 12.09.2020
Real estate developer Impact Developer&Contractor (IMP.RO) will benefit as of Dec 10 from the Issuer’s Market-Making services provided by SSIF... more
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Leroy Merlin Buys Property in Brasov for Expansion 12.09.2020
French DIY retailer Leroy Merlin has bought a property in Brasov in view of expansion from Belgian investor Mitiska REIM, specialized in the... more
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Catinvest Completes First Class A Office Building In Craiova, Within Electroputere Parc Shopping Center 12.09.2020
French real estate group Catinvest has completed a mixed-use building within the Electroputere Parc shopping center in the city of Craiova and... more
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C&W Echinox To Provide Property Management For Tiriac Tower Office Building In Bucharest 12.07.2020
Real estate consulting firm Cushman & Wakefield Echinox was appointed to provide property management services for the Tiriac Tower office building... more
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Global Vision To Provide Property Management Services for H Pipera Lake Residential Project 12.03.2020
Real estate developer Hagag Development Europe has selected Global Vision to provide property management services for its H Pipera Lake residential... more
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JLL: Industrial and Logistics Deliveries in Jan-Sept Matched Demand 12.03.2020
Developers delivered 410,000 square meters of industrial and logistical space in the first nine months of 2020, nearly fully absorbed by demand... more
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Office Space Occupancy Costs Represent 3-4% of Turnover of Service Companies in Bucharest 12.03.2020
The occupancy costs of office spaces represent on average 3% to 4% of the turnover of service companies in Bucharest, and may fall even below 2% in... more
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Portland Trust Leases 4,000 Sqm in its J8 Office Park Project 12.03.2020
Real estate developer Portland Trust has leased 4,000 square meters on the ground floor of its J8 Office Park project in Bucharest. more
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AstraZeneca Signs 5-Year Lease Extension in Bucharest Business Park Offices 12.02.2020
Pharmaceutical producer AstraZeneca has extended its lease for the 1,280 square meters of office space it occupies in CA Immo's Bucharest Business... more
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Covid Crisis Increases Residential Rental Supply in Bucharest 12.02.2020
The coronavirus crisis is starting to show effects on the residential rental market and the number of properties for rent has increased, according... more
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Fildas Leases Warehouse in VGP Project in Brasov 11.27.2020
Fildas, a medicine wholesaler founded by entrepreneur Anca Vlad, has leased a 3,400 sqm warehouse and 400 sqm of office space in the logistics... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
